138, RIDGE LANE, WATFORD, WD17 4WU - £805,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

138 RIDGE LANE is a large extended semi-detached house of 171m², built sometime between 1930 and 1949, which could now be worth an estimated £878,272. It was last sold for £805,000 in February 2021, which was around 70% above the average February 2021 semi-detached price in the Watford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

138 RIDGE LANE Sold Prices

Land registry data shows two sales for 138 RIDGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Watford local authority area for the corresponding sale date. Both of the two 138 RIDGE LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 25 FEB	£805,000	£472,300	70% above HPI
1998 29 OCT	£160,000	£102,508	56% above HPI

138 RIDGE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Watford local authority area over time, sourced from the HPI. The two 138 RIDGE LANE sales from October 1998 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 1998 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the February 2021 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 138 RIDGE LANE be worth now?

138 RIDGE LANE might now be worth an estimated £878,272.

This is based on house price inflation of 9.1%, between February 2021 and February 2025, for semi-detached houses, in the Watford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.1% inflationary increase is applied to the most recent sale price for 138 RIDGE LANE of £805,000 on 25th February 2021. For the value to have increased from £805,000 to £878,272 over the four years to February 2025, the following assumptions must hold true:

• The value of 138 RIDGE LANE has moved in line with the HPI for semi-detached houses in the Watford local authority area.
• The February 2021 sale price of £805,000 represented a fair market value for the property.
• The size, condition, and specification of 138 RIDGE LANE has not materially changed since February 2021.

How Large is 138 RIDGE LANE?

138 RIDGE LANE is 171m², which includes three extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% of semi-detached houses houses in Watford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Watford, and where 138 RIDGE LANE lies on this distribution: 73% of semi-detached houses houses are smaller than 138 RIDGE LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Watford.

138 RIDGE LANE: Plot and Title Map

138 RIDGE LANE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 138 RIDGE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 138 RIDGE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 138 RIDGE LANE?

138 RIDGE LANE is located in WATFORD, in the WD17 postcode district. The below map shows the position of No. 138 on RIDGE LANE.